The Fed’s preferred inflation gauge likely grew at a slower pace last month, offering policymakers some breathing room to address weakness in the US labor market https://t.co/4r4lX9p17m ...

ECB interest rates are “fine where they are,” even when considering downside risks to the economy and an inflation forecast slightly below the 2% target in 2027, Governing Council member Edward Scicluna said https://t.co/8hkhiBeIaT ...

According to Stephen Miran, President Donald Trump's economic policies are pushing down inflation, clearing the way for the Federal Reserve to swiftly and steeply cut its key interest rate. https://t.co/cH4nlayRIP ...

All right, newly installed Fed Governor Steven Myron is saying he favored a bigger rate cut at the recent FOMC meeting. Here with the latest on this story is our Fed correspondent Jennifer Shawnberger. Jen, good afternoon.miles. New Federal Reserve Governor Steven Myron said he favored a jumbosized rate cut at the central bank's policy meeting earlier this week because he doesn't see any inflation from tariffs and he favors a policy rate that does not restrict the economy nor spur it. Myron telling CNBC in ...

Core Insights - The discussion highlights the impact of tariffs on inflation, particularly in the appliance sector, where prices increased by 3.3% in the first seven months of this year compared to a 6% decrease in the same period last year, indicating a direct correlation with tariffs [2] - There is a bullish sentiment towards gold as a diversifier in investment portfolios, with central banks purchasing approximately 1,000 tons of gold annually over the last three years, which is double the previous decade's pace [4] - Retail and institutional investors are increasingly turning to gold as a complementary diversifier, especially during market downturns, where gold has historically performed better than Bitcoin during significant S&P 500 declines [5][6] Economic Indicators - The current economic environment shows a higher 10-year yield following Federal Reserve cuts, contrasting with historical trends where yields would typically decrease during economic slowdowns [7][8] - Inflation remains elevated, with core PCE projected at 2.9% for August, and GDP growth is reported to be over 3% for the third quarter, indicating a robust economy despite a slowing labor market [9][10]

Joining us now is former chief investment strategist at Bridgewater Associates, senior fellow now at the Council on Foreign Relations, uh, Rebecca Patterson. Rebecca, welcome. >> Good to be here.Happy Friday. >> Happy Friday. You see any evidence of inflation from tariffs.>> I think most economists do. So, I'm super excited to hear what Governor Myin has to say in more detail Monday when he speaks at the Economic Club of New York. I mean, just to give you one of many examples, if you look at appliances, las ...

the newly confirmed Fed Governor Steven Myron. Our Steve Leeman, of course, also with us. It's great to see you, Mr.. Governor. First of all, congratulations on the confirmation and getting inside the Fed. >> Thank you and thanks for having me back.It's great to see you. >> Well, I I'm glad that you're here because I think a lot of people want to know why you dissented first of all for 50 basis point cut when the rest of the committee voted on quarter point. >> Yeah, of course.Look, you know, let me first s ...

Fed Governor Stephen Miran said his decision to dissent from fellow policymakers’ interest-rate move this week was driven by his view that Trump’s tariffs policies have had no material impact on inflation https://t.co/NokIMGgIjf ...

there could be some uh erosion of the belief in the Fed's commitment to the 2% target. Um h how much should we worry that uh you guys are cutting rates while you're away from your target. And not only that, for don't forecast you hit your target until 2028.>> Well, Steve, I don't see the erosion yet. Thankfully, it's not there in the data, but it's something that we need to work extra hard to explain to the public why we're making the actions that we're making, why we're cutting rates right now in light of ...

The ECB can tolerate inflation below 2% for some time but will have to take action if price pressures keep falling short and expectations start to slide, according to Mario Centeno https://t.co/IvHgvKd9xo ...